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US stocks end volatile session mixed after inflation cools by less than expected

Tue, 02/14/2023 - 16:19

A for-rent sign in front of a suburban house in the US — Shelter prices rose in January 2023.
xeni4ka/Getty Images

Markets, MI Exclusive, Stocks, Stock markets, S&P 500, Dow Jones Industrial Average, Nasdaq Composite

Fed chief Jerome Powell says he earns $190,000 a year to be one of the world's key financial players - and he thinks that's a fair number

Tue, 02/14/2023 - 10:23

jerome powell — In this March 21, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington.
Carolyn Kaster/AP

Markets, MI Exclusive, Jerome Powell, Federal Reserve, Fed, Interest Rates, Inflation

US stocks fall after CPI report shows inflation ticked down but was higher than expected in January

Tue, 02/14/2023 - 09:35

US gas prices — A pickup in gas prices showed up in the January 2023 CPI report.
Gary Coronado/Getty Images

Markets, MI Exclusive, Stocks, stock market news, S&P 500, Nasdaq Composite, Dow Jones Industrial Average

Pivot from stocks to bonds because investors are 'fighting the Fed', Morgan Stanley says

Tue, 02/14/2023 - 09:28

Traders NYSE — The early-year rally is unlikely to last much longer, Morgan Stanley has warned.
(Photo by Scott Heins/Getty Images)

Markets, MI Exclusive, Stocks, Morgan Stanley, Morgan Stanley Wealth Management, Lisa Shalett, Stocks to Buy

Goldman Sachs CEO David Solomon says the economy feels like it has a better chance at a 'softer landing'

Tue, 02/14/2023 - 09:11

David Solomon — David Solomon
REUTERS/Danny Moloshok

Markets, MI Exclusive, David Solomon, Goldman Sachs, Wall Street, finance, soft landing

A recession indicator is blaring louder than it did before the 2008 downturn - but 'no one seems to care'

Tue, 02/14/2023 - 08:32

trader nyse — Reuters

Markets, MI Exclusive, DataTrek, Federal Reserve, Recession, downturn, Interest Rates

Jim Simons' RenTech fund supercharged its Tesla bet last quarter, boosting its value 1,000 times to over $400 million

Tue, 02/14/2023 - 06:01

Jim Simons — Jim Simons.
Sylvain Gaboury/Getty Images

Markets, MI Exclusive, Stocks, Renaissance Technologies, RenTech, Jim Simons, Elon Musk

US stocks trade higher a day ahead of a key inflation reading

Mon, 02/13/2023 - 09:33

trader nyse — A trader works on the floor of the New York Stock Exchange January 6, 2014.
REUTERS/Brendan McDermid

Markets, MI Exclusive, stock market news, Stocks, CPI, Inflation, Federal Reserve

It's make-or-break time for stocks with inflation defining a crucial few weeks, Bernstein strategist says

Mon, 02/13/2023 - 08:51

New York Stock Exchange — Key inflation and unemployment reports are about to determine whether stocks' start-of-year rally carries on, according to Bernstein's Matthew Palazzolo.
ANGELA WEISS/Getty Images

Markets, MI Exclusive, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis, Investing Outlook

Don't count on tech stocks' strong start to 2023 lasting much longer, Sand Hill investing chief says

Mon, 02/13/2023 - 07:04

Nasdaq — Nasdaq.
Getty Images

Markets, MI Exclusive, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, NASDAQ, Nasdaq Composite

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